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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Warthog who wrote (30827)7/8/1999 11:39:00 AM
From: wittder  Read Replies (1) of 79269
 
warthog, I looked at it closer,

How are you calculating day 1.(From open to close? or prev close to close? or low to hi for the day?)I believe that small gap has something to do with EDMC.
// 5-8% move day 1
if close(md1) >= (close(md1-1)*1.05) then
if close(md1) <= (close(md1-1)*1.08) then

<For GBIX I get more than a 6% HA
move.>
//6% max ha move ( the close or lows?? )
if close(md1+3) <= (1.06* close(md1+2))(woops md1+2 should this be md1+1)

<CNCX I don't have higher lows>
The scan is looking for higher lows and not higher closes.(Doug any comments?)

Thanx, for your keen eye,
wittder
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